Posts Tagged ‘Price’
In electronic trading in Asia today crude oil prices declined for two consecutive days (9.5). Crude oil prices fell again in speculation that the U.S. economy weakened and China. Weakening of the economies of both countries with the largest economy has the potential to cause large drop in demand for commodities including crude oil.
Crude oil prices decreased by 0.9%, a decrease of 2.8% increase that occurred at the close trading weekend. Asian bourses, which fell looked more crude oil price movements. China’s service sector slowed in August.
Crude futures for October delivery declined 77 cents and traded at 85.68 dollars per barrel position. Crude oil prices are the most active contract late last week closed with a record of 2:48 sharp dollar decline (2.8%) in the position of 86.45 dollars per barrel. Read the rest of this entry »
Bottled water industry acknowledged still having problems limiting the distribution of goods from the truck entered the toll in the city. On the other hand a week ahead of bottled drinking water demand begins to show signs of improvement.
the moment especially in the first week of fasting and the second makes bottled drinking water demand had dropped. Despite the fall, this month will reach 1.42 billion liters of demand, while last July had reached 1.44 billion liters, while undisturbed moment of fasting.
until recently there was no increase in official prices from the manufacturer. Precisely what happens is speculation the price at the level of agents and retailers make a gallon of bottled drinking water fueled rising prices. This delays the distribution of bottled drinking water as the impact due to restrictions on incoming truck toll in the city.
if the problem of restrictions on trucking on the highway in the city for the truck plus bottled drinking water is still not clear there is no decision of bottled drinking water trucks to operate freely in early September then the bottled drinking water supplies in the market will be constrained. Read the rest of this entry »
Gold prices are still at home in the level of USD1.510 per ounce after the Greek parliament to indicate support of budget austerity measures. Investors are still waiting for the certainty of the parliamentary vote.
Spot gold prices fell slightly to USD1.510, 45 per ounce. But, in the U.S. gold, commodity prices are barely moving at USD1.511, 20.
Gold prices appeared to lead the second session of the weakening trend after it was weakened to one percent. But on a quarterly basis, the price of gold has increased by 5.6 percent.
Greek parliament approved the budget austerity plan. This makes the global marketplace becomes excited, and the benefits of commodities including gold.
On the other hand, President Barack Obama called for a new stimulus, which may be more complicated because it would make deficit reduction through talks with the Republican Party.
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The price of gold rose to record highs on Friday after the dollar fell to its lowest point since late 2009.
So make the price of silver touched its highest level over a period of 31 years. Inflationary pressure in China also helped lift the gold price attractiveness.
Price of gold in the spot market was steady at USD1.472, 50 per ounce, after hitting a record high of USD1.479 , 01 per ounce. As for the silver in the spot market price rose as high as USD42, 41 per ounce, the strongest since 1980. This is seconded from a dealer in Singapore who reported buying from speculators.
In addition, the price of gold futures in the United States (U.S.) for June rose as high as USD1.480, 5 per ounce, and it became the highest price. Read the rest of this entry »
World food prices went up to the highest level in over 2008. World wedding Organisation (Food and Agriculture Organization / FAO) yesterday said the global food price index in February reached 236 points, or up 2.2 percent compared to January of 231 points.
Rise in food prices by FAO were classified on the type of cereal, vegetable oil, milk, meat and sugar was the sixth time in a row since August 2010.
FAO added, faced with high demand and reduced cereal product in 2010, stocks plummeted this year due to limited predicted yields of wheat and rice. According to FAO, wheat production this year predicted would only rise three percent.
Based on the FAO notes, the highest food price increases occurred in ptoduk cereal and milk respectively by 3.7 and four percent. This situation illustrates the strong international demand for the commodity. Read the rest of this entry »
PT Freeport Indonesia has been producing as many as 1.185 million ounces of gold until the third quarter of 2010. That figure is down approximately 41.7% of the actual production of gold in the same period last year amounted to 2.033 million ounces.
For the production of copper in the mines are located in Papua, down from 1.138 million pounds to third-quarter 2009, down 19.7% to 913 million pounds in the same period this year.
The decline of gold and copper production company from the United States was also followed by sales of both products mines. For gold sales fell from 2.015 million ounces until third-quarter 2009 to 1.2 million ounces in the same period this year.
While copper sales fell to 919 million pounds of sales realized in the same period the previous year amounted to 1.131 million pounds. Read the rest of this entry »
Gold prices finally come down from record highs amid uncertainty surrounding the U.S. economic stimulus delivery. The price of gold, silver and platinum prices fell along with other commodities.
The decline of gold and other commodity prices that occurred as the U.S. dollar index. The currency had already fallen too far because investors are too enthusiastic about the plan for continued disbursement of stimulus.
In trading Wednesday (27/10/2010), price of gold in the spot market reached its lowest point at U.S. $ 1318.74, and eventually closed down 1.1% to a level of U.S. $ 1323.65. Prices of gold futures for December delivery closed down U.S. $ 16 to as low as U.S. $ 1322.60.
All investor attention now being focused on the Federal Reserve meeting next week. They look forward to continued stimulus that will “launch” the Fed in order to stimulate the U.S. economy anymore. Read the rest of this entry »
Stocks soar on Wall Street that brought the stock index to its highest point in 5 months, responding to the shocking actions of the Bank of Japan.
Bank of Japan (Bank of Japan / BoJ) yesterday decided to reduce interest rates overnightnya to a range of 0% to 0.1%, while preparing to inject trillions of yen into the financial markets.
Investors believe that similar measures will soon be implemented by the Central Bank of America (Federal Reserve) in order to stimulate the U.S. economy.
“The idea today is the printing of money will soon run. The impact of short-term is going to encourage the increase in asset prices. We have seen it for the whole commodity,” said Bucky Hellwid, senior vice president of BB & T Wealth Management Read the rest of this entry »
Gold prices hit a record highs today after emerging uncertainty about the stability of the economy and financial sector in the U.S.. These conditions make investors sought a safe place to park their investment assets.
In trading Thursday (16/09/2010), price of gold sold for U.S. $ 1276.85 per ounce in the spot market, up compared to yesterday’s trading Wednesday sold U.S. $ 1,265.65 an ounce. On this day, gold had reached a record price of U.S. $ 1,277.05 per ounce, and many people who predict gold will touch U.S. $ 1,300 per ounce.
Silver prices also rose with increasing demand. Today, the price of silver in the spot market sold for U.S. $ 20.75 per ounce or the highest since March 2008. Read the rest of this entry »
The gold price jumped back up to 2% to a new record. Gold prices also scored the biggest daily rise in four months.
In trading Tuesday (14/09/2010), price of gold in the spot market surged to a level of U.S. $ 1,272.20 per ounce, compared to earlier in the level of U.S. $ 1,245,25. Prices had raced to its highest point at U.S. $ 1,274,75.
While the price of gold futures for December delivery rose 24.60 dollars, or 2% to a level of U.S. $ 1271.70.
Gold prices soared on the trade in the U.S. after the market research report Goldman Sachs gossip that the Federal Reserve will cut its estimate for economic growth and add more in the softer policies to bring more growth in the global economy back on track.
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